In Competitive Real Estate Market Cash is King

HOUSING-1-articleLargeForget about including a contingency for the sale of your prior home.  Forget about lengthy mortgage financing contingency periods.  In today’s competitive seller’s real estate market, all cash offers with no contingencies frequently carry the day.  With inventory at an all time low and the pent up demand created by almost 5 years of very little new building, today’s home sale market is downright treacherous for buyers.  Read more about the nationwide phenomenon here.